As #Policybazaar gears up for a mega 2021 IPO, PE fund True North makes a partial exit, and guess who is one of the buyers? Serum Institute! More details in this report by Ashwin Mohan ⤵️
https://www.moneycontrol.com/news/business/pe-fund-true-north-fund-sells-part-stake-in-ipo-bound-policybazaar-buyers-include-serum-institute-6748351.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/pe-fund-true-north-fund-sells-part-stake-in-ipo-bound-policybazaar-buyers-include-serum-institute-6748351.html?utm_source=telegram&utm_medium=social
Moneycontrol
PE Fund True North Fund Sells Part Stake In IPO Bound Policybazaar: Buyers Include Serum Institute
True North has launched six separate investment funds with a combined corpus of ~$3 billion including co-investments and its domestic portfolio includes the likes of Biocon Biologics, Fincare and Home First Housing Finance which recently made a market debut.
#MCProPanorama: The numbers say it all. As many as 4 IPOs took off today. The fear of missing out is taking over. How should you play the game? Also inside: #Airtel, #Dabur India, #Policybazaar IPO, and more. Compiled by R Sree Ram.
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-its-raining-public-offers-7276331.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-its-raining-public-offers-7276331.html?utm_source=telegram&utm_medium=social
Moneycontrol
Moneycontrol Pro Panorama | It’s Raining Public Offers And Investors Are Spoilt For Choice
In today’s edition of Moneycontrol Pro Panorama: IPOs’ gale force, the capex juggernaut moves, recovery stutters, right call for Airtel, Policybazaar’s moat, the growing muscle of quants, and more
#IPOAlert: Six companies are launching public issues, of which #Nykaa and #FinoPaymentsBank opened this week, while #Policybazaar, Sigachi Industries, and SJS Enterprises will open on Nov 1. ⚡️
Here's a look at the latest grey market premium ⏬
https://www.moneycontrol.com/news/business/ipo/nykaa-policybazaar-sigachi-sjs-enterprises-ipos-check-the-latest-grey-market-premium-7653741.html?utm_source=telegram&utm_medium=social
Here's a look at the latest grey market premium ⏬
https://www.moneycontrol.com/news/business/ipo/nykaa-policybazaar-sigachi-sjs-enterprises-ipos-check-the-latest-grey-market-premium-7653741.html?utm_source=telegram&utm_medium=social
Moneycontrol
Nykaa, Policybazaar, Sigachi, SJS Enterprises IPOs: Check The Latest Grey Market Premium
Banker-turned-businesswoman Falguni Nayar-promoted Nykaa traded at Rs 1,725 per share in the grey market, a massive premium of Rs 600 or 53.3 percent over upper price band of Rs 1,125.
#DailyVoice🗣️ | Amongst the pre-Diwali IPOs, #Nykaa and #Policybazaar are our top picks, given the fact that they are first-of-their-kind listings in the e-commerce space, says Mohit Nigam of Hem Securities.
Read at ⏬
https://www.moneycontrol.com/news/business/markets/daily-voice-nifty-may-not-scale-new-highs-in-november-series-says-mohit-nigam-of-hem-securities-7655101.html?utm_source=telegram&utm_medium=social
Read at ⏬
https://www.moneycontrol.com/news/business/markets/daily-voice-nifty-may-not-scale-new-highs-in-november-series-says-mohit-nigam-of-hem-securities-7655101.html?utm_source=telegram&utm_medium=social
Moneycontrol
Daily Voice | Nifty May Not Scale New Highs In November Series, Says Mohit Nigam Of Hem Securities
The Morgan Stanley downgrade or Federal Reserve policy decision is unlikely to impact the market over the next three-six months.
Sigachi Industries IPO will open for subscription today, it is the third #IPO to be available for bids on the day along with #Policybazaar & #SJSEnterprises.
Find out what experts say about the upcoming IPO 👇
https://www.moneycontrol.com/news/business/ipo/sigachi-industries-ipo-opens-today-experts-give-subscribe-rating-7657191.html?utm_source=telegram&utm_medium=social
Find out what experts say about the upcoming IPO 👇
https://www.moneycontrol.com/news/business/ipo/sigachi-industries-ipo-opens-today-experts-give-subscribe-rating-7657191.html?utm_source=telegram&utm_medium=social
Moneycontrol
Sigachi Industries IPO Opens Today, Experts Give 'subscribe' Rating
The maker of cellulose-based excipients plans to raise Rs 125.43 crore at the upper price band by issuing 76.95 lakh shares.
#MarketsWithMC: #Policybazaar listed with a 17.3% premium but decorative solution provider #SJSEnterprises disappointed the Street on its market debut today. What should investors do? 🤔
Here's what experts suggest the investors ⬇️
https://www.moneycontrol.com/news/business/ipo/policybazaar-beats-expectations-on-debut-day-but-sjs-enterprises-disappoints-what-should-investors-do-7721571.html?utm_source=telegram&utm_medium=social
Here's what experts suggest the investors ⬇️
https://www.moneycontrol.com/news/business/ipo/policybazaar-beats-expectations-on-debut-day-but-sjs-enterprises-disappoints-what-should-investors-do-7721571.html?utm_source=telegram&utm_medium=social
Moneycontrol
Policybazaar Beats Expectations On Debut Day But SJS Enterprises Disappoints; What Should Investors Do?
Profit-booking would be a good strategy for short-term investors who have been allotted shares of PB Fintech and SJS Enterprises, say experts
#MCProPanaorama: While #Paytm's shares fell sharply today as well, other #startup stocks such as #Policybazaar and #Zomato are getting singed, too. But #Nykaa is sitting relatively pretty. Why are investors in a risk-off mode?
Read at ⬇️
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-is-investor-allure-for-startups-dimming-already-7748031.html?utm_source=telegram&utm_medium=social
Read at ⬇️
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-is-investor-allure-for-startups-dimming-already-7748031.html?utm_source=telegram&utm_medium=social
Moneycontrol
Moneycontrol Pro Panorama | Is Investor Allure For Startups Dimming Already?
In today’s edition of Moneycontrol Pro Panorama: Global debt Black Hole, the faltering farm reforms, oil flexes muscles, why Repco Home clicks and more
#MarketsWithMC: The intense sell-off in shares of #Zomato and #PolicyBazaar is proving to be calamitous for one of their investors – #InfoEdge India, reports Chiranjivi Chakraborty.
Read more at ⏬
https://www.moneycontrol.com/news/business/markets/bloodbath-in-zomato-policybazaars-stocks-paint-info-edge-in-deep-shade-of-red-7974341.html?utm_source=telegram&utm_medium=social
Read more at ⏬
https://www.moneycontrol.com/news/business/markets/bloodbath-in-zomato-policybazaars-stocks-paint-info-edge-in-deep-shade-of-red-7974341.html?utm_source=telegram&utm_medium=social
Moneycontrol
Bloodbath in Zomato, PolicyBazaar’s stocks paint Info Edge in deep shade of red
Info Edge holds a 15.23 percent stake in Zomato, which at the peak of the latter’s stock price was valued at Rs 20,190 crore. However, the value of the stake has plummeted to Rs 11,032 crore in three months as Zomato’s shares fell 45 percent from the top.
#MarketsWithMC: Shares of startups like #Paytm, #PolicyBazaar, #Nykaa, #Zomato, and others that took the domestic stock market by storm last year with their #IPO are now trading with 20-50% discount to their issue price.
Chiranjivi Chakraborty ✍️ at: https://www.moneycontrol.com/news/business/markets/retail-investors-nurse-wounds-of-new-age-tech-stocks-sell-off-with-memes-7975851.html?utm_source=telegram&utm_medium=social
Chiranjivi Chakraborty ✍️ at: https://www.moneycontrol.com/news/business/markets/retail-investors-nurse-wounds-of-new-age-tech-stocks-sell-off-with-memes-7975851.html?utm_source=telegram&utm_medium=social
Moneycontrol
Retail Investors Nurse Wounds Of New-age Tech Stocks Sell-off With Memes
#StartUpsWithMC: #InventusAdvisoryServices, one of #Policybazaar’s first backers, has launched its fourth #fund with a corpus of $120 million fund.
Read about it 👇
https://www.moneycontrol.com/news/business/startup/former-policybazaar-backer-inventus-launches-120-million-fund-rebrands-itself-as-athera-8576491.html?utm_source=telegram&utm_medium=social
Read about it 👇
https://www.moneycontrol.com/news/business/startup/former-policybazaar-backer-inventus-launches-120-million-fund-rebrands-itself-as-athera-8576491.html?utm_source=telegram&utm_medium=social
Moneycontrol
Former Policybazaar backer Inventus launches $120-million fund, rebrands itself as Athera
Inventus will be making around 18 investments through its fourth fund and out of this, 12 will be at pre-Series A or Series A investments in technology startups, while the remaining six investments will be in the seed stages or early for a pre-product market…
Coming Up On #SantoAndCJ 🔥
Jubilant Foodworks' September quarter earnings were not all that bad but the stock has been hammered by investors.
Watch as Santo & CJ discuss the reasons behind the crash and what lies ahead for the stock. Plus, the duo share their thoughts on #CEAT, #PolicyBazaar & #AptusValue.
🔴 LIVE at 3 pm 🕒
https://www.youtube.com/watch?v=1QwN3UsFkvE
Jubilant Foodworks' September quarter earnings were not all that bad but the stock has been hammered by investors.
Watch as Santo & CJ discuss the reasons behind the crash and what lies ahead for the stock. Plus, the duo share their thoughts on #CEAT, #PolicyBazaar & #AptusValue.
🔴 LIVE at 3 pm 🕒
https://www.youtube.com/watch?v=1QwN3UsFkvE
#MCStartupConclave : #Policybazaar founder Yashish Dahiya said that the company's management had started conversations with private investors for share-based payments three years before its initial public offering.
Here’s what he said 👇
https://bit.ly/3PNbDe3
Here’s what he said 👇
https://bit.ly/3PNbDe3